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An automotive horn, as the term suggests, is a safety device that emits a loud sound that can be heard from a long distance. The sound emitted acts as a warning signal to indicate an emergency or make other vehicles and pedestrians aware of the vehicle’s presence to avoid collision.
The production and sales of automotive horns are growing every year due to various factors, such as rising population and rapid urbanization. According to a report presented by the European Automobile Manufacturers Association, in 2023, the global sales of new cars increased by nearly 10% after being stable in 2022. The report further stated that the global production of cars touched 76 million units, recording a 10.2% rise.
As per a report published by Fortune Business Insights, the market for automotive horns is expected to touch a valuation of USD 3.36 billion by 2032, recording a CAGR of 5.4% during the forecast period of 2024-2032.
Denso Corporation is one of the top manufacturers of in the automotive sector and has made significant contributions to the growth of the automotive horn industry by creating a unique portfolio of high-quality vehicle horns. The company is well-known for its horn products as they are durable, reliable, and comply with all the required safety standards. Denso makes use of innovative technologies to make high-end and sophisticated horn solutions that can fit the requirements of different types of vehicles and customers’ preferences.
Some of the key factors that have helped Denso Corporation accelerate its growth in the automotive horn industry are large distribution network, robust global presence, and partnerships with reputed car manufacturing companies. The manufacturer is firmly committed to delivering the highest level of customer satisfaction and excellence in its services, which can help reshape the current scenario of automotive horn technologies and industry standards.
May 2019: Denso Corporation announced that it had invested nearly USD 290 million to establish a manufacturing plant in the Nansha district of Guangzhou. The new plant is 100,000 sq. m. and has workshops for manufacturing auto parts, a warehousing & distribution center, and a quality control center to manufacture engine control systems, auto electronic components, horns, molds, and chassis control systems & equipment.
Robert Bosch GmbH is a leader amongst top automotive horn brands as it is famous for its futuristic horn technology and a vast product range. Its horns are highly reliable, offer superior performance, and easily comply with the safety standards. Bosch designs and manufactures a wide variety of innovative horns that fulfill the requirements of various vehicles, such as commercial trucks and passenger cars.
Bosch has been able to maintain its dominance in this market, thanks to its robust, long-term partnerships with vehicle manufacturers and global presence. It is also committed to bringing innovation and quality in its solutions and services by improving its automotive horn technology to increase customer safety and satisfaction.
June 2023: Bosch invested around USD 130 million to expand its mobile solutions accessory and power tools production facility in Lincolnton, U.S. This move is expected to help the company offer support to the production of mobility components, such as sensors, horns, and power tool accessories for products, including drills, saws, and routers. The new facility is a 325,000 sq. ft. building that will be used for logistics, manufacturing, and warehousing activities.
Hella KGaA Hueck & Co. is one of the most prominent companies operating in this market as it has advanced horn technologies and a vast product portfolio. The company’s horns provide high-quality sound, cutting-edge designs, and durability. It caters to a wide range of vehicle segments, such as commercial vehicles, passenger cars, and off-road automobiles.
Some of the major factors contributing to Hella’s dominance in the market include healthy business relationships with leading vehicle manufacturers and strong global presence. The firm’s horns are known to improve driver awareness and increase road safety, thereby cementing its leadership position in the industry.
August 2022: Steelbird International, a leading supplier of vehicle parts, announced its collaboration with Hella to help it introduce its lineup of vehicle spare parts to the Indian market. Hella launched spark plugs and horns in India; these products will be promoted and supplied by Steelbird, helping it increase its presence in the automotive component space.
Uno Minda is a key company in the automotive horn industry as it delivers a vast variety of horn products that are superior in quality and reliable. The company delivers horn products and solutions that are customized to cater to the requirements of various vehicle types and customers’ preferences. Its horns are popularly used in commercial vehicles, passenger cars, and two-wheelers. Uno Minda has a notable presence in India’s vehicle industry and is increasing its efforts to expand its global footprint. It is also focusing on boosting its investments in its research and development (R&D) activities, which will help it strengthen its commitment to bringing excellence to automotive horn technology.
FIAMM Energy Technology S.p.A. is one of the top automotive horn brands and possesses a diverse portfolio. Its vehicle horn division designs, produces, and supplies premium quality automotive horns for different types of vehicles, such as passenger cars, motorcycles, and commercial vehicles. The company’s vehicle horn division provides its customers with a complete range of horn products to meet the various needs of automotive manufacturers. FIAMM also specializes in the production of customized horn products and solutions to cater to the specific needs of their customers. It also has a strong global presence.
September 2021: FIAMM Components Accessories (FCA), a leading manufacturer in the acoustic devices sector of the auto market, commenced the manufacturing and promotion of innovative Acoustic Vehicle Alert System (AVAS) solutions. These solutions will be widely used in the hybrid and electric vehicles.
The industry is set to witness incredible growth in the coming years as many regions across the world are experiencing large-scale urbanization and industrialization. More customers are seeing a healthy growth in their disposable incomes, which has encouraged them to purchase high-end cars and motorbikes. This factor has prompted companies to launch vehicle horns that come with advanced features and improve the driver’s safety. Moreover, governments across the world are increasing their investments to develop a reliable and strong public infrastructure, which might further boost the product’s demand.
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